Flat 35 Centrika, Bath Road, Slough, Buckinghamshire, SL1 3SL

Description

A Vacant Fourth Floor Two Bedroom Flat. The property comprises a fourth floor two bedroom flat situated within a purpose built block arranged over ground and five upper floors.

Accommodation

Fourth Floor: Reception Room with Open-Plan Kitchen; Two Bedrooms (One with En-Suite); Bathroom; Store Rooms.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Salt Hill Park are within easy reach. Transport links are provided by Langley rail station.

Tenure / Property Information

Investment Analysis

The strongest evidence is the same-development completed sale at £155,000 on 22 January 2026. Earlier same-development sales range from £156,500 to £182,000, but are older. A base GDV of £155,000 is therefore used, with £155,000 as the low scenario and £182,000 as the high scenario. The auction guide of £100,000–£130,000 represents a substantial discount to the latest comparable, subject to legal-pack, leasehold and condition checks.

Investment Snapshot

Strategy Recommendation

Potential buy-to-let or BRRR opportunity if acquired near the lower guide, subject to confirming achievable rent, service charge, lease terms, legal-pack costs and property condition. Do not bid against the higher guide without updated valuation and full cost evidence.

Works Required

No refurbishment defects or specific works are evidenced. Allow for inspection, ordinary cleaning and any purchaser-identified works only after viewing and reviewing the legal pack; no numeric works allowance is supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £100,000 purchase price, the latest comparable suggests potential value uplift to approximately £155,000, with 75% of base GDV equating to £116,250. However, refurbishment costs, disbursements, leasehold charges, finance costs and taxes are unavailable, so total project cost and cash left in cannot be reliably calculated. Refinanceability also depends on lender valuation and leasehold/legal checks.

Buy-to-Let Analysis

Advertised two-bedroom rents are £1,500–£1,750 pcm, implying an indicative midpoint of £1,625 pcm or £19,500 annually. At the £100,000 lower guide, the gross yield range is approximately 18.0%–21.0%, before finance, service charge, management, maintenance, voids, tax and other costs. These are asking rents rather than achieved rents, and leasehold costs and council tax are not supplied.

Flip Analysis

The latest same-development sale supports a £155,000 base resale value, with older evidence up to £182,000. A reliable flip surplus cannot be calculated because refurbishment costs, selling costs and several acquisition-related costs are not supplied. The apparent discount to the latest sale should not be treated as profit without those deductions.

Investor Risks & Due Diligence

• Advertised rents are asking rents and may not be achieved.

• Auction disbursements and other legal, search, transfer or seller-cost reimbursements are unspecified.

• Leasehold service charge, ground rent and other leasehold liabilities are not supplied.

• Property condition and any required refurbishment are not evidenced.

• Council tax and heating information are not supplied.

• Comparable sale prices vary materially and most higher sales are historical.

• Refinance value depends on a lender valuation and acceptable leasehold/legal documentation.

Recommendation

Potential buy-to-let or BRRR opportunity if acquired near the lower guide, subject to confirming achievable rent, service charge, lease terms, legal-pack costs and property condition. Do not bid against the higher guide without updated valuation and full cost evidence.

Strategy Rating

Analysis Confidence

There is strong same-development sales evidence and some rental asking evidence, but no condition survey, service charge, council tax, achieved rent, auction disbursement schedule, refurbishment budget or full leasehold cost information.